Income Tax Expert Interview Question:

What is the term person?

Submitted by: Muhammad

A “person” means an individual, an ordinary partnership, a non-juristic body of person and an undivided estate. The term "person" under the Income Tax Act includes an individual, a Hindu Undivided Family, a Company, a Firm, an Association of Persons, a Local Authority and Artificial Juridical persons.
Submitted by: Muhammad